Obama's Dream Team: Who Will Make Up His Administration?

Robert Gibbs

Rumors are flying that Robert Gibbs, one of Obama's top aides, will be tapped for the position of White House press secretary. Gibbs helped lead the campaign's communication team as the senior strategist for communications and message. While the White House position has not been officially offered or accepted, many believe Gibbs would be the right man for the job.

The 37-year-old Alabama native is a regular on cable news and the morning talk show circuit. Despite the occasional sparring with "Fox and Friends" host Sean Hannity, the lighthearted Gibbs is said to have a good rapport with reporters.

The potential White House podium dweller has been a longtime Obama loyalist and a constant force on the trail ever since the president-elect first ran for the U.S. Senate in 2004. Prior to working for Obama, Gibbs was an aide to Sen. John Kerry in 2003. He left the Kerry campaign before Kerry clinched the 2004 presidential nomination.

The White House press secretary essentially serves as the administration's voice, and frequent television exposure makes this person the outward face of the White House to many people in the world.

Dick Lugar

Sen. Dick Lugar, R-Ind., has said he is not interested in taking a Cabinet position, but he has had a history of working with Democrats and is the top Republican in the Senate Foreign Relations Committee. Lugar introduced a bipartisan U.S. aid plan with Vice President-Elect Joe Biden that called for $1.5 billion per year in non-military economy spending to support economic development in Pakistan.

Lugar's likely contenders include Democratic New Mexico Gov. Bill Richardson and Sen. John Kerry, D-Mass., who has expressed interest in the position.

Bob Gates

Secretary of Defense Bob Gates is expected to keep his job, with Sen. Chuck Hagel, R-Neb., as the backup contender. Obama has indicated he wants a bipartisan cabinet, and keeping Gates in his position would avert criticism of partisanship.

Gates was appointed by President Bush in 2006 following Donald Rumsfeld's departure. Although prior to that position, Gates served as president of Texas A&M University, he has spent a lifetime in intelligence and military, having worked as an advisor to Ronald Reagan and CIA director from 1991 to 1993 under President George Bush.

Hagel served with Biden on the Senate Foreign Relations Committee. Hagel would bring with him extensive experience in international relations and a more bipartisan approach. He accompanied Obama to the Middle East during his campaign.

Paul Volcker

In one of the most anticipated and hotly contested positions, the new secretary of Treasury will inherit the worst financial crisis in decades and the job of guiding the $700 billion bailout package.

The oldest of the pack, Paul Volcker, 81, served as Federal Reserve chairman under presidents Carter and Reagan. He has been criticized for driving up interest rates during his time in office but also is known for cutting inflation. One of Obama's top economic advisors during the campaign, Volcker has been a staunch proponent of government regulation.

Timothy Geithner has been one of the key figures in the bailout plans. As president of the Federal Bank of New York, he led the $29 billion buyout loan to Bear Stearns and brokered the deal that led to its acquisition by JP Morgan Chase.

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